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Strive, Inc. (ASST) stock

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NASDAQ: ASST Nasdaq Asset Management & Custody Banks Next results ~November 10, 2026

Strive, Inc. is a US-listed company in the asset management & custody banks industry. Its financial year ends in December.

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders5 buying, 6 selling10 purchases and 6 sales by directors and officers, last 12 monthsInsider trades
  • Funds129 adding, 40 cuttingOf 21 active managers that changed their stake, 17 added; quarter to June 30, 2026Fund buyers and sellers

The Fundamentalytics view

Next results ~November 10, 2026 (estimated)

Strive, Inc.'s trailing-twelve-month revenue grew 1280.4% year on year, with a free-cash-flow margin of -741.2%.

Current signal Revenue growth accelerating: TTM revenue growth rose to 1280.4% (+343.0pp vs the prior quarter).

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Fast growth. Revenue grew 1280.4% over the last 12 months.
  • Growth speeding up. The growth rate is 343.0 points higher than a quarter earlier.
  • Margins widening. Operating margin is up 1182.4 points on a year ago.
  • Net cash. Cash exceeds long-term debt by $0.1bn.

Things to watch

  • Loss-making. Operating margin is -393.0%: costs exceed revenue.
  • Burning cash. Free cash flow was -741.2% of revenue over the last 12 months.
  • Volatile shares. Over the past year the shares showed annualised volatility of 105% and a beta of 3.6 against the S&P 500.
  • Heavily shorted. 18.4% of the shares available to trade are sold short (2.1 days of average volume to cover).

Latest results: FY2026 Q2

Filed August 10, 2026
Earnings per share
-$3.65 against an average estimate of -$0.24: missed by 1389.8%
Revenue
$3m, up 94.6% on a year earlier
Share reaction
+1.1% in the first session after the results on August 10, 2026, against -0.3% for the S&P 500
Next report
November 10, 2026; average EPS estimate -$0.15

Strive's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-6.3%
  • 1 week-21.0%
  • 1 month-30.7%
  • This year+40.9%
  • 1 year-21.8%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$5M
Operating margin
-393.0%
Net margin
-475.3%

Growth

Revenue growth
+1280.4%
Change in growth rate
+343.0 pts

Earnings

Last results
August 10, 2026

News & updates

Updated November 3, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Announcement
  2. Announcement
  3. Agreement
  4. Announcement
  5. Announcement
  6. Announcement
  7. Agreement
  8. Announcement
  9. Announcement
  10. Announcement
  11. Announcement
  12. Insider trade
  13. Announcement
  14. Announcement
  15. Announcement

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Strive, Inc. valuation models and calculator

Reported holdings, with the date attached

Crypto treasury position

Balance date: not reconciled

Net treasury position / share—

This measures the reported treasury after the equity-bridge claims. It excludes the operating business, mining equipment and other assets, and is not updated for crypto price moves or purchases since the filing. A treasury deficit does not mean the whole company has negative equity value.

share count (0m) is 0.0029x the market-data count (118m): held for review

No model value for Strive, Inc. at the moment. Current status: reported crypto treasury NAV excludes the operating business. Available reported financials are shown below.

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: reported crypto treasury NAV excludes the operating business.

Valuation models

We value Strive, Inc. as a crypto treasury or miner, with every model that fits that kind of business. Cost of equity 14%: the 10-year Treasury yield (4.9%) plus a beta of 2.22 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Reported crypto treasury NAV Reported crypto holdings at fair value plus cash and short-term investments, less debt, preferred stock and other claims, per listed share. Dated to the filing; excludes the operating business and future token purchases. Not a live crypto NAV. — Does not apply: share count (0m) is 0.0029x the market-data count (118m): held for review
Combined value Reported crypto treasury NAV only, not a valuation of the operating business. No growth, price premium or future crypto purchases are assumed. — No model applies: the filings don’t yet support a value.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Strive, Inc. with crypto treasuries and miners in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 10, 2026, before the open. Analysts expect revenue of $3m and EPS of −$0.15 (range −$0.15 to −$0.15) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current −$6.40 +33% $12m +105%
Next −$0.29 +96% $11m −5%

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +57.6% on 90 days ago. In the last 30 days, 0 analysts raised Strive, Inc.'s forecast and 0 cut it.

Consensus EPS forecast Strive, Inc., last 90 days
−$8.00 −$6.00 −$4.00 −$2.00 $0.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: −$4.06 Current fiscal year, 60 days ago: −$5.83 Current fiscal year, 30 days ago: −$5.83 Current fiscal year, 7 days ago: −$5.46 Current fiscal year, Now: −$6.40 −$6.40 Next fiscal year, 90 days ago: −$1.04 Next fiscal year, 60 days ago: −$1.08 Next fiscal year, 30 days ago: −$1.08 Next fiscal year, 7 days ago: −$0.96 Next fiscal year, Now: −$0.29 −$0.29

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago −$4.06−$1.04
60 days ago −$5.83−$1.08
30 days ago −$5.83−$1.08
7 days ago −$5.46−$0.96
Now −$6.40−$0.29

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 −$0.24 −$3.65 −1389.8%
Mar 2026 −$2.40 −$5.19 −116.3%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

5 analysts, Oct 2026
Buy5100%
Hold00%
Sell00%

Monthly trend

  1. Oct 2026145
  2. Sep 2026145
  3. Aug 2026145
  4. Jul 2026145

Counts of recommendations published by analysts covering Strive, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
18.4%
of tradable shares
Days to cover
2.1
at average volume
Short interest, 1 month
−20%
to October 15, 2026
Held by institutions
39%
of shares
Held by insiders
1.0%
of shares
Employees
28
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Return and risk by year

Calendar year 202420252026 to date
Return
ASST−85%+50%+41%
Industry peers (median)+15%−4%−6%
S&P 500+25%+18%+11%
Months that ended higher
ASST33%42%64%
S&P 50075%75%46%
Largest fall from a high during the year
ASST−91%−94%−67%
S&P 500−8%−19%−9%

Worst fall since February 3, 2023: 98% from February 3, 2023 to February 24, 2026. Getting back needed a 4855% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$7.17 – $30.75
From 52-week high
−32.4%
vs 50-day average
−22.7%
vs 200-day average
+26.5%
Volatility (1 year)
105%
Beta vs S&P 500
3.57

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
5 up, 2 down
typical move ±6.4%
After a week
4 up, 3 down
typical move ±12.5%
After a month
2 up, 5 down
typical move ±44.1%
Results releasedNext dayS&P 500 next day5 days21 days
August 10, 2026 +1.1% −0.3% +5.8% +113.9%
May 14, 2026 +0.3% −0.4% +10.7% −0.4%
March 19, 2026 −0.1% −1.7% +3.7% +55.7%
January 5, 2026 +20.2% +1.3% +27.2% −31.6%
November 14, 2025 −9.6% −0.9% −11.3% −25.2%
October 2, 2025 +3.6% +0.1% −27.9% −47.0%
November 15, 2024 +9.8% −0.9% −1.1% −35.0%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Fundamentals

Revenue (TTM) Strive, Inc.
$0 $2M $4M $6M FY22 Q4 FY23 Q2 FY23 Q4 FY24 Q2 FY24 Q4 FY25 Q2 Revenue (TTM), FY22 Q4: $343.1K Revenue (TTM), FY23 Q1: $278.2K Revenue (TTM), FY23 Q2: $280.4K Revenue (TTM), FY23 Q3: $259.2K Revenue (TTM), FY23 Q4: $277K Revenue (TTM), FY24 Q1: $340.7K Revenue (TTM), FY24 Q2: $358.8K Revenue (TTM), FY24 Q3: $1.3M Revenue (TTM), FY24 Q4: $2.2M Revenue (TTM), FY25 Q1: $3.5M Revenue (TTM), FY25 Q2: $5M $5M

Source: SEC EDGAR filings. Retrieved October 31, 2026.

View chart data
Period Revenue (TTM)
FY22 Q4 $343.1K
FY23 Q1 $278.2K
FY23 Q2 $280.4K
FY23 Q3 $259.2K
FY23 Q4 $277K
FY24 Q1 $340.7K
FY24 Q2 $358.8K
FY24 Q3 $1.3M
FY24 Q4 $2.2M
FY25 Q1 $3.5M
FY25 Q2 $5M
Revenue growth, TTM YoY Strive, Inc.
-500% 0% 500% 1000% 1500% FY23 Q4 FY24 Q2 FY24 Q4 FY25 Q2 Revenue growth, TTM YoY, FY23 Q4: -19.3% Revenue growth, TTM YoY, FY24 Q1: 22.5% Revenue growth, TTM YoY, FY24 Q2: 27.9% Revenue growth, TTM YoY, FY24 Q3: 394.9% Revenue growth, TTM YoY, FY24 Q4: 707.4% Revenue growth, TTM YoY, FY25 Q1: 937.4% Revenue growth, TTM YoY, FY25 Q2: 1280.4% 1280.4%

Source: SEC EDGAR filings. Retrieved October 31, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 -19.3%
FY24 Q1 22.5%
FY24 Q2 27.9%
FY24 Q3 394.9%
FY24 Q4 707.4%
FY25 Q1 937.4%
FY25 Q2 1280.4%
Operating margin (TTM) Strive, Inc.
-2000% -1500% -1000% -500% 0% FY22 Q4 FY23 Q2 FY23 Q4 FY24 Q2 FY24 Q4 FY25 Q2 Operating margin (TTM), FY22 Q4: -188.1% Operating margin (TTM), FY23 Q1: -586.8% Operating margin (TTM), FY23 Q2: -965.7% Operating margin (TTM), FY23 Q3: -1472.1% Operating margin (TTM), FY23 Q4: -1780.0% Operating margin (TTM), FY24 Q1: -1539.8% Operating margin (TTM), FY24 Q2: -1575.4% Operating margin (TTM), FY24 Q3: -894.4% Operating margin (TTM), FY24 Q4: -662.3% Operating margin (TTM), FY25 Q1: -495.1% Operating margin (TTM), FY25 Q2: -393.0% -393.0%

Source: SEC EDGAR filings. Retrieved October 31, 2026.

View chart data
Period Operating margin (TTM)
FY22 Q4 -188.1%
FY23 Q1 -586.8%
FY23 Q2 -965.7%
FY23 Q3 -1472.1%
FY23 Q4 -1780.0%
FY24 Q1 -1539.8%
FY24 Q2 -1575.4%
FY24 Q3 -894.4%
FY24 Q4 -662.3%
FY25 Q1 -495.1%
FY25 Q2 -393.0%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 LTM Jun 2025
Income
Revenue 1 0 0 4 5
EBITDA — — −5 −22 −19
Operating income 0 −1 −5 −23 −19
Net income 0 −1 −5 −22 −24
Diluted EPS $0.00 −$0.39 −$12.06 −$63.58 —
Growth (year on year)
Revenue — −58.6% −19.3% +>999% +>999%
Margins
EBITDA margin — — <−999% −615.4% −388.9%
Operating margin 1.8% −188.1% <−999% −620.7% −393.0%
Net margin 1.8% −188.1% <−999% −591.2% −475.3%
Free-cash-flow margin — — <−999% −592.3% —
Cash flow
Cash from operations 0 −1 −4 −22 −29
Capital spending — — 0 0 —
Free cash flow — — −4 −22 —
Stock-based pay — — 1 0 0
Free cash flow after stock pay — — −5 −22 —
Balance sheet
Cash 0 0 3 6 3
Total debt 0 0 0 0 0
Net debt (negative = net cash) −0 −0 −3 −6 −3
Diluted shares — — — — —

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Dividends, buybacks and capital spending

R&D spending
7.4%
of revenue

Competitors: side by side with peers

Closest by revenue in asset management & custody banks
Last 12 months unless stated ASST AGPU GROW DFDV GEG NAKA Median
Revenue, last 12 months $5m $3m $14m $15m $28m $28m $842m
Revenue growth, last 12 months >999% >999% 32.8% 328.6% 70.2% >999% 20.6%
Revenue growth, 3-year average — 28.2% −1.5% 94.4% 3.0% — 10.2%
Revenue growth, latest quarter 94.6% >999% 57.9% 66.9% 88.3% >999% 17.5%
Gross margin — 7.1% — 97.8% — — 80.2%
Operating margin −393.0% <−999% −4.2% −866.5% −50.4% <−999% 24.7%
Operating margin, 3-year average −978.0% <−999% −12.0% −233.9% −47.8% −664.9% 18.5%
Net margin −475.3% <−999% 21.2% <−999% −127.6% <−999% 15.0%
Cash from operations / revenue −591.3% 360.9% 5.2% −198.9% 56.4% −169.5% 26.3%
Free-cash-flow margin −741.2% −163.9% 5.2% −198.9% 51.8% −169.5% 21.3%
Free-cash-flow margin, 3-year average — <−999% 1.5% −149.5% −34.8% −140.9% 17.6%
Stock pay / revenue 0.0% 54.5% 0.1% 20.6% 8.2% 20.2% 3.7%
Change in share count — 20.4% −4.9% — 19.8% 937.0% −0.2%

Median of all 44 companies we cover in asset management & custody banks. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Where the revenue comes from

Fiscal year to December 31, 2024
Segments
Line of business Revenue Share YoY
Asset Management $3.6M 100.0% —
Corporate and Other $0 0.0% —
Products and services
Line of business Revenue Share YoY
Investment Advice $3.6M 98.4% —
Other $58,000 1.6% —

From Strive, Inc.'s 10-K filed March 19, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$449M
Institutions reporting
168
Shares held vs prior quarter
▲ 34.4%
Positions opened / closed
55 / 19

Top buyers and sellers, Q2 2026: 129 institutions bought and 40 sold ; the biggest buyer was FMR LLC (+2.7M shares) and the biggest seller LMR Partners LLP (−520K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
FMR LLC $108M 9.9M 24.0% ▲ 38.4%
Blackrock, Inc. $57.5M 5.3M 12.8% ▲ 45.1%
Capital International Investors $32.9M 3.0M 7.3% ▲ 14.6%
Geode Capital Management, LLC $31.6M 1.8M 7.0% ▲ 50.6%
Vanguard Capital Management LLC $30M 2.7M 6.7% ▲ 17.5%
Goldman Sachs Group Inc $22.8M 2.1M 5.1% ▲ 558.5%
State Street Corp $16.4M 1.5M 3.7% ▲ 27.7%
Morgan Stanley $15.5M 1.4M 3.5% ▼ 6.0%
Susquehanna International Group, LLP $13.4M 1.2M 3.0% ▲ 120.6%
UBS Group AG $11.4M 1.0M 2.5% ▼ 13.0%
Interchange Capital Partners, LLC $9.6M 882K 2.1% ▲ 0.2%
First Trust Advisors LP $7.6M 700K 1.7% ▲ 191.1%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Strive, Inc.'s complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $2.5M 10 trades by 5 insiders, last 12 months Insider sales History → $3.2M 6 trades by 6 insiders · 0% under pre-set plans
Net ▼ $625,531 net selling
Insider Date Trade Shares Price Value
Sarkhani Arshia Chief Marketing Officer October 5, 2026 Sell 5,634 $31.33 $176,537
Beirne Brian Logan Chief Legal Officer October 5, 2026 Sell 20,077 $31.33 $629,099
Lavish James Director October 5, 2026 Sell 6,000 $30.75 $184,530
Macey Jonathan R Director October 5, 2026 Sell 6,700 $30.32 $203,144
Cole Matthew Ryan Chief Executive Officer October 5, 2026 Sell 58,789 $31.33 $1.8M
Pham Benjamin Chief Financial Officer October 5, 2026 Sell 4,209 $31.33 $131,886
Rochard Pierre Director August 14, 2026 Buy 15,900 $12.54 $199,386
Pham Benjamin Chief Financial Officer February 18, 2026 Buy 6,214 $8.06 $50,084
Pham Benjamin Chief Financial Officer February 17, 2026 Buy 7,900 $8.23 $65,019
Beirne Brian Logan Chief Legal Officer February 13, 2026 Buy 11,500 $8.73 $100,395
Cole Matthew Ryan Chief Executive Officer January 13, 2026 Buy 500,000 $0.92 $460,000
Cole Matthew Ryan Chief Executive Officer December 15, 2025 Buy 207,457 $0.82 $170,115

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

  • August 10, 2026
  • May 14, 2026
  • March 19, 2026
  • January 5, 2026
  • November 14, 2025
  • October 2, 2025

Recent SEC filings

Data status

When each part of this page on Strive, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Strive, Inc. in brief

What does Strive, Inc. do?
Strive, Inc. is a US-listed company in the asset management & custody banks industry. Its financial year ends in December.
What is Strive, Inc.'s stock ticker?
Strive, Inc. trades under the ticker ASST on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Strive, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Strive, Inc. reported revenue of $5M, 1280.4% higher than a year earlier, according to its SEC filings.
What is Strive, Inc.'s free cash flow?
Strive, Inc.'s free-cash-flow margin is -741.2% of revenue over the trailing twelve months.
Who are Strive, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are FMR LLC, Blackrock, Inc. and Capital International Investors. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Strive, Inc.'s market cap?
On December 31, 2024, Strive, Inc.'s market capitalisation was about $3.3M and net debt of -$6.2M. Market figures come from third-party market data and may be delayed.
Who are Strive, Inc.'s competitors?
In our Asset Management & Custody Banks peer group, the companies closest to Strive, Inc. are Axe Compute Inc., U S Global Investors Inc, Defi Development Corp., Great Elm Group, Inc. and Nakamoto Inc. The side-by-side comparison below sets their revenue, margins and growth against Strive, Inc.'s.
Are insiders buying or selling Strive, Inc. stock?
Over the last 12 months, Strive, Inc.'s directors and officers reported 10 open-market purchases and 6 sales on Form 4. The insider trading page charts every trade.
When is Strive, Inc.'s next earnings date?
Around November 10, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Strive, Inc. announces its own schedule.